SANTA CLARA, CA -- (Marketwired) -- 01/08/14 -- After launching the nation's first Mobile Care Navigation Network (MCNN) powered by Carebook, CareInSync demonstrated substantial expansion in the second half of 2013. In addition to signing up five new high-profile MCNNs with prestigious health systems in California and New Jersey, the company earned two awards recognizing its breakthrough patent-pending approach to virtual care team coordination linking acute hospitals to aftercare settings.
To deliver on this rapid growth and harness the growing demand for its solution, CareInSync bolstered its execution capability across every major function and tapped healthcare industry veterans Steve Curd, president and CEO, and Cheryl Cruver, senior vice president of Provider Solutions, to the leadership team.
"2013 was a remarkable year of innovation and growth for our company," said Curd. "Policy shifts toward performance-based care have providers placing greater emphasis on care transitions and better coordination within and from their hospitals to the home or specialized care settings. Our goal is to improve safer and higher quality coordinated care continuity, which reduces costs and preventable readmissions. We expect 2014 to be the tipping point for care coordination adoption."
Much of the attention generated by Carebook last year centered on its distinct ability to create a virtual care team around each patient. Carebook empowers these care teams to communicate securely in real time using ConText messaging. The solution virtually extends multidisciplinary rounds allowing care team members to collaboratively risk-stratify patients, apply patient-specific evidenced-based interventions and monitor patients post-discharge.
Three areas where CareInSync continues to see growing demand are from Centers for Medicare & Medicaid Services' (CMS) Innovation programs, namely: Accountable Care Organizations (ACOs), Bundled Payments for Care Improvement (BPCI) sites, and Community Care Transition Programs (CCTPs).
"Carebook's ability to simultaneously improve both quality of patient care as well as efficiency of care delivery is making it a must-have resource for hospitals and health systems as they plan their transformation to tackle the new era of better care at lower cost," said Siva Subramanian, Ph.D., chief operating officer and founder of CareInSync.
Highlights in 2013 include:
"It's clear that we are fulfilling an unmet industry need," said Curd. "The coordination of patient care transitions is a reasonable target for lasting care and financial improvements for any hospital. Our Carebook solution helps clinicians communicate more effectively by ensuring checklists are completed, patients are fully informed and understand instructions, and that issues are resolved quickly. Our unique market focus and continuously evolving mobile collaboration platform makes CareInSync a company to watch in the coming year."
About CareInSync Corporation
CareInSync offers software solutions that improve communication between disparate healthcare providers via a real-time, mobile, collaboration platform. As the first and only deployed healthcare mobile solution of its kind, Carebook is a secure, HIPAA-compliant, evidence-based, care coordination platform connecting physicians, case managers, nurses and other aftercare professionals in real-time. CareInSync is helping healthcare organizations across the country decrease readmissions, improve operational efficiencies, reduce costs and manage safe and timely patient care transitions. Headquartered in Santa Clara, California, CareInSync's existing investors include Samsung Venture Investment Corporation, HealthTech Capital, California Health Care Foundation, and Hearst Business Media. For more information please visit: http://careinsync.com.